Hi Tim, I was out again all day, I just managed a call to my broker, I did not like the sight of things (particularly QCOM no hiolding $60) and set sells close to the market on the following: QCOM at $60, TFS at $62, EXDS at 47.125 and QLGC at $67., that brings me to cash above 55%. The shortened session obn Monday should be stronger, but I would not count on it. The threshold levels in the DOW and NAZ have not been breached as I write, but it appears more likely they might, so, I for one, being a chicken, took chips off the table. Of these four sells, three were at losses (QCOM quite large losses. QLGC at a profit and I may reenter in it Monday, but we'll have to see. Cash, very close to 60%, I getting bearish or I am having too little exposure, thus I just bought back into ELON at $55-7/16, getting more exposure.
Zeev
And, in edit, I just sold SCMR which I bought yesterday, at least I got a nice mini profit on this at $109.25. |
